Digerati Technologies, Inc. (OTCMKTS:DTGI) Short Interest Up 11.7% in August

Digerati Technologies, Inc. (OTCMKTS:DTGI) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 47,900 shares, an increase of 11.7% from the August 15th total of 42,900 shares. Based on an average daily volume of 317,200 shares, the days-to-cover ratio is presently 0.2 days.

Digerati Technologies Stock Up 10.9 %

OTCMKTS DTGI opened at $0.01 on Wednesday. Digerati Technologies has a 52 week low of $0.01 and a 52 week high of $0.09. The company has a market capitalization of $2.19 million, a P/E ratio of -0.14 and a beta of -0.33. The stock’s 50-day moving average price is $0.02 and its 200-day moving average price is $0.02.

About Digerati Technologies

Digerati Technologies, Inc, through its subsidiaries, provides a portfolio of Internet-based telephony products and services through its cloud application platform and session-based communication network in the United States. The company offers Internet broadband, fiber, mobile broadband, and cloud wide area network (WAN) or software-defined wide area network (SD-WAN) solutions; cloud communication services, including fully hosted IP/PBX, video conferencing, mobile applications, Voice over Internet Protocol (VoIP) transport, session initiation protocol (SIP) trunking, call center applications, auto attendant, voice and web conferencing, call recording, messaging, voicemail to email conversion, integrated mobility applications, and customized VoIP services; and remote network monitoring, data backup, and disaster recovery services, as well as enterprise-class data and connectivity solutions, such as cloud WAN or SD-WAN, fiber, mobile broadband, and Ethernet over copper services.